For Immediate Release

eCollege Equation
Builder Leverages WebEQ Technology

eCollege Offers Only Integrated
Equation Builder with One-Click Access for All Users

Denver – May 15, 2002 –eCollegeSM[Nasdaq: ECLG], the
leading provider of technology and services for online higher education
programs, today announced its new Equation BuilderSM powered by WebEQ™
technology. Through a partnership with Design
Science, Inc., the developer of WebEQ,
eCollege will offer the only course management system whereby all users can
build and edit an equation through the course-authoring environment with
one-click access.

“Through our Equation Builder, faculty can build
and edit an equation without ever leaving the course shell, and view the
equation immediately as their students would see it,” said Oakleigh Thorne,
Chairman and CEO of eCollege. “This leading-edge technology will especially
benefit our customers that offer online programs in accounting, finance,
science, engineering and any other courses centered around mathematics.”

The Equation Builder will be
available this August as part of eCollege AU+SM, which will provide
institutions with more features, customization and modularity in their eLearning
solutions. In contrast to software vendors, eCollege offers a fully hosted
solution, making the new Equation Builder features available immediately upon
release to all users with no additional purchase, upgrade or installation
required.

WebEQ provides a comprehensive set of mathematical
symbols and templates that are easy to access in pull-down palettes. The tool
enables faculty to more easily demonstrate and apply any sort of mathematic
notations, formulas or sample equations throughout their course, ultimately
providing students with a more dynamic learning experience. Additionally, both
WebEQ and eCollege AU+ allow the seamless integration of Microsoft Office
products for greater overall authoring convenience by leveraging these tools
available to most educational institutions.

“eCollege’s Equation Builder
is one of the most comprehensive and convenient approaches to equations in
eLearning content that I've seen,” said Dr. Robert Miner, Director of New
Product Development at Design Science. “We’re pleased that eCollege chose WebEQ
technology to provide its users with web-based math capabilities.”

Equation Builder is part
of eCollege AU+, the second major product release of the year by eCollege, which
continues setting the standard in eLearning technology for post secondary
education. For more information, please call 888-376-9496.

About Design Science,
Inc.

Founded in 1986 and headquartered in Long Beach, California, Design Science,
Inc., developer of MathType, Equation Editor in Microsoft Office, WebEQ and
MathPlayer, develops software used by scientists, engineers and educators to
communicate on the Internet and with printed documents.
For more information, visit www.dessci.com.

About eCollege

eCollege[Nasdaq: ECLG] is the leading
eLearning technology and services provider to educational markets. eCollege
designs, builds and supports high quality online degree, certificate/diploma and
professional development programs for colleges, universities, school districts
and state departments of education. eCollege’s clients include such institutions
as National University; University of Massachusetts Amherst;
University of Colorado; Drexel University; DeVry
University, Inc.; New England College of Finance; and the Kentucky Virtual High
School. The company was founded in 1996 and is headquartered in Denver. For
more information, visit
www.eCollege.com.

This news release contains “forward-looking statements” within the meaning of
the securities laws. These statements are based on management’s current
expectations and are subject to a number of uncertainties and risks. Actual
results may differ materially. Important factors that could cause actual
results to differ materially from estimates or projections contained in the
forward-looking statements include, but are not limited to, our network
infrastructure and computer systems failing; substantial and increasing
competition in the online education market; unanticipated delay in integration
of third party software; future technological advances by our competitors; and
such other factors as are discussed in our most recent Form 10-K Annual Report
filed with the U.S. Securities and Exchange Commission (“SEC”), which you are
encouraged to review in connection with this release. We believe that these
forward-looking statements are reasonable, however, you should not place undue
reliance on forward-looking statements, which are based on current expectations
and speak only as of the date of this release. We are not obligated to publicly
release any revisions to forward-looking statements to reflect events after the
date of this release.

eCollege, Equation Builder, and eCollege AU+
are service marks of eCollege. All other trademarks and service marks or
registered trademarks or service marks are the property of their respective
owners.